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Top Key Players Included in This Report: Cannabiniers, Canopy Growth Corporation, Aphria Inc., Daytrip Beverages, Koios Beverage Corp., G&Juice, Alkaline88, LLC, CANNABIS SATIVA, INC, Honeydrop Beverages, K-Zen Beverages Inc., General Cannabis, Aurora Cannabis, Tilray, Lagunitas Brewing Company, CBD Biotechnology Co. Ltd, NewAge Inc., Phivida Holdings Inc., Puration, Sprig, and UbU Sparkling Beverages, among other domestic and global players.
Cannabidiol (CBD) infused beverages market is expected to grow at a growth rate of 15.00% in the forecast period 2021 to 2028. The wide range of health benefits coupled with CBD infused beverages is the factor for the cannabidiol (CBD) infused beverages market in the forecast period of 2021 to 2028.
The major growing factor towards cannabidiol (CBD) infused beverages market is the growing acceptance of CBD infused drinks by consumers and legalization in various sports. The CBD beverages are measured as a natural medication for a variety of health conditions and CBD infused beverages are supposed to treat varieties of health conditions counting central nervous system disease, pain, anxiety, epilepsy and many more which is heightening the overall demand for cannabidiol (CBD) infused beverages market over the forecast period of 2021 to 2028. Also the market is driven by the growing awareness of consumers on the wellness of the products and an increasing number of health-conscious consumers.
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Conducts Overall CANNABIDIOL (CBD) INFUSED BEVERAGES Market Segmentation:
Product Type (Alcoholic, Non-Alcoholic),
Grade (Pharmaceutical Grade, Food Grade),
Distribution Channel (Storefront Dispensaries, Convenience Stores, Online, Others)
The countries covered in the cannabidiol (CBD) infused beverages market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-pacific leads the cannabidiol (CBD) infused beverages owing to the many manufacturers are discovering the opportunities to expand their market in this region within this region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the legalization of CBD infused products in many states within this region.
Key Developments in the Market:
Growing demand and increasing legalization of cannabis along with consumer’s preference for natural products over pharmaceutical products are fueling the demand for cannabidiol (CBD) infused beverages market. Moreover, potential customers of BVD beverages are more eager to spend on legal CBD products particularly by baby boomers which is having a positive impact on the cannabidiol (CBD) infused beverages market growth rate. However, the strict regulation and lengthy approval process for CBD products and various side-effects coupled with CBD consumption are projected to act as a restraint towards the growth of freeze-dried fruit market. Also the market is expected to showcase significant growth rate in the forecast period due to rising adoption of natural products over pharmaceutical products.
Likewise, the ongoing research on the development and production of healthier forms of cannabis and its by-products will further generate new opportunities for the cannabidiol (CBD) infused beverages market in the forecast period of 2021 to 2028. However, regulation and compliance on the use of CBD in the food and beverage industry have the potential to challenge the growth of the cannabidiol (CBD) infused beverages market.
Key Focus Areas in the Report:
Cannabidiol (CBD) Infused Beverages Market Size and Forecast 2020 – 2028
Impact of COVID-19 on the demand and supply in the Cannabidiol (CBD) Infused Beverages Market
Major Developments in the Cannabidiol (CBD) Infused Beverages Industry
Market Dynamics Impacting the Cannabidiol (CBD) Infused Beverages Industry
Competitive Landscape of Cannabidiol (CBD) Infused Beverages Industry
The positioning of Major Market Participants in the Cannabidiol (CBD) Infused Beverages Industry
Key Market Trends and Future Growth Prospects of the Cannabidiol (CBD) Infused Beverages Market
Cannabidiol (CBD) Infused Beverages Market Revenue and Forecast, by Type, 2020 – 2028
Cannabidiol (CBD) Infused Beverages Market Revenue and Forecast, by Application, 2020 – 2028
Cannabidiol (CBD) Infused Beverages Market Revenue and Forecast, by End-use, 2020 – 2028
Cannabidiol (CBD) Infused Beverages Market Revenue and Forecast, by Geography, 2020 – 2028
Browse Table of Content with Facts and Figures of Market Report at https://www.databridgemarketresearch.com/toc/?dbmr=global-cannabidiol-cbd-infused-beverages-market
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